Economy

Water economists call for more regulations as drought continues

Scarcity of water throughout draught-hit California has prompted water economists to call for more regulations and restrictions to keep aquifers from being exhausted.

As the Golden State's third parched summer forced many farmers to leave acres of their farms fallow due to shortage of... read more

Jobless rate hits six-year-low of 7.6% in May

The rate of unemployment in California slipped to its lowest in six years in May, dropping a strong hint that the Golden State’s job market is approaching a full recovery from the economic recession.

According to fresh data released by the U.S. Bureau of Labor Statistics, the state’s... read more

U.S. job openings jump to highest level since Sept. 2007

The U. S. economy enjoyed an impressive month-on-month rise in job opening in April this year, bringing the job market back to pre-recession level, according to a report published by the U. S. Bureau of Labor Statistics on Tuesday.

Then Job Openings & Labor Turnover report showed... read more

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